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Home>Virginia Business

Virginia Business

Recent Articles from Virginia Business

Health Care 2023: MICHAEL J. LUTES
Virginia 500 August 30, 2023

Health Care 2023: MICHAEL J. LUTES

Lutes came aboard as Bon Secours’ Richmond market leader in October 2022, weeks after a New York Times front-page exposé focused on how the Cincinnati-based health system made as much as $100 million annually from a hospital in an economically challenged, predominantly Black East End neighborhood. The windfall was due to the federal 340B program, […]

Health Care 2023: MARY N. MANNIX
Virginia 500 August 30, 2023

Health Care 2023: MARY N. MANNIX

A surgical ICU nurse at the start of her career, Mannix manages a staff of about 2,500 at Augusta Health, one of the largest employers in the Shenandoah Valley. The health system includes the main Fishersville hospital campus and 18 urgent care and family practices and other outpatient facilities. Last year, the system opened a […]

Manufacturing 2023: ROBERT H. SPILMAN JR.
Virginia 500 August 30, 2023

Manufacturing 2023: ROBERT H. SPILMAN JR.

Spilman, who has been CEO of home furniture manufacturer and seller Bassett Furniture since 2000, said in March that the company has fulfilled a large backlog of orders and subsequent supply chain disruptions created during the pandemic. In the second quarter, consolidated revenue declined by 22% compared with last year, although the reported $100.5 million […]

Nonprofits | Philanthropy 2023: CHARLES D. ‘CHUCK’ HENDERSON
Virginia 500 August 30, 2023

Nonprofits | Philanthropy 2023: CHARLES D. ‘CHUCK’ HENDERSON

Henderson was appointed the American Diabetes Association’s permanent CEO in May 2022, having previously served as interim CEO for six months. He joined ADA in 2020 as chief development officer and previously was president and CEO of Champion Fire & Security, a Texas-based emergency services company. He also worked for MTV Networks in content and […]

Nonprofits | Philanthropy 2023: TIM ROSE
Virginia 500 August 30, 2023

Nonprofits | Philanthropy 2023: TIM ROSE

As CEO of the U.Va. Foundation for the past three decades, Rose oversees most of the real estate endeavors for the state’s flagship public university and its associated organizations. Currently, Rose is working with U.Va. on a large affordable housing project, as well as the construction of a $130.5 million hotel and conference center, set […]

Law 2023: DAVID C. BURTON
Virginia 500 August 30, 2023

Law 2023: DAVID C. BURTON

Burton’s practice centers on corporate, labor, employment and immigration law, while he also manages his firm’s Hampton Roads offices. The itch to enter law began with his family. “My father was a journalist with Richmond Newspapers Inc.,” says Burton, who earned his law degree from the University of Richmond. “He was a reporter [covering] Henrico […]

Economic Development 2023: JONATHAN S. BELCHER
Virginia 500 August 30, 2023

Economic Development 2023: JONATHAN S. BELCHER

In addition to leading the Virginia Coalfield Economic Development Authority, Belcher has also headed up the Virginia Coalfields Expressway Authority since 2020. This year, the Virginia Department of Transportation received $7 million from the federal government, which the expressway authority will use to widen a 2-mile stretch of U.S. Route 460 in Buchanan County into […]

Economic Development 2023: TELLY TUCKER
Virginia 500 August 30, 2023

Economic Development 2023: TELLY TUCKER

A graduate of James Madison University, Tucker previously was director of Arlington Economic Development, and also served five years as director of economic development for Danville, before returning to Southern Virginia in May 2022 to head up IALR, a regional hub for advanced manufacturing training initiatives and economic development. This year, IALR’s Accelerated Training in […]

Retail | Wholesale | Food | Beverage 2023: ELIZABETH ‘LIZA’ MYERS BORCHES
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: ELIZABETH ‘LIZA’ MYERS BORCHES

Founded in 1924 by Borches’ great-grandfather, Carter Myers Automotive is Virginia’s fifth largest car sales group; it garnered $933 million in revenue during fiscal year 2022 and employs more than 1,000 people in Virginia. Since 2012, when Borches became CEO, CMA has grown to 23 dealerships. In September 2022, the company purchased Lynchburg’s Craft Automotive […]

Retail | Wholesale | Food | Beverage 2023: DENNIS ELLMER
Virginia 500 August 30, 2023

Retail | Wholesale | Food | Beverage 2023: DENNIS ELLMER

Ellmer launched Priority Auto in 1999 with the acquisition of two dealerships in Chesapeake. By 2023. he grew the business to No. 55 on Automotive News’ list of the top 150 dealer groups in the U.S., based on the 14,447 new vehicles the dealership sold in 2022. In June, auto retail giant Lithia Motors announced […]

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Top Stories

Pictured in 2021, George Mason University President Gregory Washington. Photo courtesy George Mason University

GMU president’s contract extended through 2031

Washington's job appeared to be in jeopardy less than a year ago, as the Trump administration launch[...]

Gov. Abigail Spanberger signs a bill increasing Virginia's minimum wage to $15 per hour by 2028.

Virginia budget with data center tax moves to Spanberger’s desk

Virginia legislators passed a compromise biennial budget Monday that includes an electricity consump[...]

Part of CarMax Park as seen from Arthur Ashe Boulevard. Photo by Katherine Schulte

Thalhimer files response to Flying Squirrels owner’s defamation lawsuit 

Thalhimer Realty Partners denies defamation claims by Richmond Flying Squirrels owner Lou DiBella in[...]

Virgnia Sen. Louise Lucas (left) speaks with an attendee of a Chesterfield County data center town hall she hosted June 16, 2026, with Sen. Mamie Locke (right). Photo by Kate Andrews/Virginia Business

Data center discord continues to block Virginia budget agreement

Virginia senators continue push for tax break repeal on data centers, while governor and House back [...]

Sen. Lashrecse Aird speaks during a June 16, 2026, news conference announcing Virginia's cannabis recreational sale framework, along with Gov. Abigail Spanberger and Del. Paul Krizek. Photo by Kate Andrews/Virginia Business

Spanberger, legislators come to marijuana retail compromise

Licensed recreational marijuana sales would start July 1, 2027, under compromise language entered in[...]

Gov. Abigail Spanberger touts the state's support for Jefferson Lab during a June 12 groundbreaking event for the Jefferson Lab Data Center. Photo by Josh Janney

Spanberger backs House budget, but data center tax fight divides Democrats

Gov. Abigail Spanberger said she supports the Virginia House of Delegates proposal of an "expansive"[...]

People

CACI International announced that David Young has joined the company as executive vice president and chief operating officer. Photo courtesy CACI

CACI appoints new COO

22/6/2026

Commonwealth President and CEO Ken Strickler. Photo courtesy Commonwealth

Commonwealth real estate firm selects longtime exec as new CEO

12/6/2026

Government Contractors | Technology 2025: GRAY, DeETTE

CACI International U.S. operations president to retire

9/6/2026

Regions

More than $1 million in renovations are planned at The Inn at Wise. Photo courtesy The Inn at Wise

Inn at Wise gets new lease-purchase on life

MK4 Hotel owner Mike Patel signs a $3 million lease-purchase for the Inn at Wise, planning over $1 m[...]

L to R: Mark Heath, president and CEO of Martinsville-Henry County Economic Development Corp., and Henry County Administrator Dale Wagoner show off the Patriot Centre Industrial Park’s new shell building. Photo by Natalee Waters

Henry County partners with developer on shell building

Henry County partners with Marlboro Development Team to build a $10 million industrial shell buildin[...]

Portsmouth Economic Development Director Brian Donahue stands at the Crawford Bay site the city hopes to redevelop. Photo by Kristen Zeis

Portsmouth advances waterfront redevelopment plans

Portsmouth moves forward with selecting a developer for a mixed-use project on the 6-acre Crawford B[...]

Washington Dulles International Airport expects a record-breaking 30 million passengers in 2026. Photo courtesy Metropolitan Washington Airports Authority

Dulles ramps up airport expansion work

Washington Dulles International Airport plans to exceed 30 million passengers with the opening of Co[...]


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